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ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. and the fact of the matter is, is that we have never seen the debt ceiling used in this fashion, where the notion was, you know what, we might default unless we get 100 percent of what we want. that hasn't happened. now, as i indicated before, i'm happy to have a conversation about how we reduce our deficits further in a sensible way. although one thing i want to point out is that the american people are also concerned about how we grow our economy, how we put people back to
ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress...
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Jan 15, 2013
01/13
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but not until you take care of the debt ceiling and get that off the table. that was the president's principal message today and he got a lot of conversation about why not negotiate. he said he's to the going to. we'll leave it there at least for the time being. >> rose: what will the republicans do, will they shut down the government. >> no, not over the debt ceiling. they may over the continuing resolution this is not their best vehicle. my guess is what they will probably have to do is give him a short-term extension. and then see if the senate will go along. they being of course the house republicans and just try to prolong this fight for a while. they don't want to have-- not shutting down the government is really spooking the credit markets and everything that major talked about a moment ago. and how the president would handle short-term extension is another matter. i think that would back him into a corner. he also ran into a problem because both in response to major and in response to julianna goldman he said i'm not going to negotiate over this. if t
but not until you take care of the debt ceiling and get that off the table. that was the president's principal message today and he got a lot of conversation about why not negotiate. he said he's to the going to. we'll leave it there at least for the time being. >> rose: what will the republicans do, will they shut down the government. >> no, not over the debt ceiling. they may over the continuing resolution this is not their best vehicle. my guess is what they will probably have to...
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Jan 14, 2013
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okay, charles, start with the debt ceiling talk. what you heard from the president. >> the tone was remarkable. he talk about the republicans being suspicious of the social security and medicare by the oldest saw that you could hear. then he added making sure empovrished children get food. that's over the top. he said i love to hang out with a congressional picnic at these people who want to starve america's chirp. interesting ini havation. then he went over and over on the debt ceiling and he must have gone through the same idea 15 times. saying this is about honoring the obligation and paying the bills we have already incured. he raised the debt ceiling on how to depend on the ongoing financial assistance from the foreign country to finance the reckless, fiscal pollty. the point of raising the debt ceiling is to allow to us borrow. he talked about the debt ceiling a dozen times. not once did he use the word "borrow." that means we are going to continue to borrow for every dollar the government spend, only 60 cents of it come from
okay, charles, start with the debt ceiling talk. what you heard from the president. >> the tone was remarkable. he talk about the republicans being suspicious of the social security and medicare by the oldest saw that you could hear. then he added making sure empovrished children get food. that's over the top. he said i love to hang out with a congressional picnic at these people who want to starve america's chirp. interesting ini havation. then he went over and over on the debt ceiling...
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Jan 15, 2013
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>> it's pretty hard on this one, charlie because he's right on the debt ceiling. major history absolutely dead on. but the debt sealing is a fraud. a total fraud. shouldn't exist. people from alan greenspan to tim geithner to anyone who has looked at it, to paul krugman say it is a total fraud. it's a political device. so on that he's right. and on the substance, right now i think that obama, he may not have articulated as well as quo have but i think he has clearly indicated that if you are looking for more deficit reduction, a bigger deal, not a big deal, he's willing to go pretty far for a democrat on entitlements. right now republicans-- . >> rose: how do you know that? >> well, i think he said he's willing to do that. he has put on the table in private conversations that they had in december, he was perfectly willing to go along with the change in the change for social security, he indicated strongly that he would look at some kind of means testing for affluent medicare recipients. those aren't little things. they are not as much as some people want. but the
>> it's pretty hard on this one, charlie because he's right on the debt ceiling. major history absolutely dead on. but the debt sealing is a fraud. a total fraud. shouldn't exist. people from alan greenspan to tim geithner to anyone who has looked at it, to paul krugman say it is a total fraud. it's a political device. so on that he's right. and on the substance, right now i think that obama, he may not have articulated as well as quo have but i think he has clearly indicated that if you...
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Jan 19, 2013
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ceiling? >> i hope it does not come to that but if it has to, it must. you know we can't let extremists put us in default and play chicken with a full faith and credit with the united states of america. that's what they are. when people say let's go into default. when i hear people who are elected to congress say let's go into default. i say this person is from some other planet. this person is not from this planet. the notion that we would do that boggles the mind and the good common sense of the vast majority of americans. >> what is your perspective on america's melting pot being better reflected in small towns? what would urban leaders learn from small town mayors? >> i mean -- i think we're enriched. i know i am. my kids have grown up. i tell people my kids have been in the homes of iranians, koreans, mexicans, italians, and greeks, muslims, we're enriched when we can experience other cultures and people and other perspectives. i think you're seeing the fastest growing places of immigrati
ceiling? >> i hope it does not come to that but if it has to, it must. you know we can't let extremists put us in default and play chicken with a full faith and credit with the united states of america. that's what they are. when people say let's go into default. when i hear people who are elected to congress say let's go into default. i say this person is from some other planet. this person is not from this planet. the notion that we would do that boggles the mind and the good common...
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Jan 15, 2013
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this is about doing the debt ceiling about paying the debt. it has nothing to do with the sequester. he didn't talk about them together. he talked about them separately. in fact, that's where the negotiating will happen. he said to congress we'll have to figure out a way not to increase deficit. it will have to come with spending cuts. >> cenk: more austerity, i wouldn't do any more of it. but he also talked about guns. >> he was asked about guns. i think what we'll hear him talk about hear here now but 836 people now since the newtown tragedy has died. that's almost as if we have woken up for 32 days and there was a nu town every single day. >> cenk: every time we update it i get surprised. oh, my god, it's been that many more and it's insanity. i think a great majority of the american people are on to it. it is a majority, 52% of americans are now more supportive of gun control since newtown. we're making progress, of course it depends on what is in it. >> he has the option and he's talking about using the executive order. here is the presid
this is about doing the debt ceiling about paying the debt. it has nothing to do with the sequester. he didn't talk about them together. he talked about them separately. in fact, that's where the negotiating will happen. he said to congress we'll have to figure out a way not to increase deficit. it will have to come with spending cuts. >> cenk: more austerity, i wouldn't do any more of it. but he also talked about guns. >> he was asked about guns. i think what we'll hear him talk...
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Jan 13, 2013
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it would not surprise me that he does raise the debt ceiling. the president alone spent over $1 billion last year just to himself. when does it stop? obviously he has never had a checkbook. i get a bill, i pay it. why do they just keep putting money out, putting money out, not take care of what they're doing doing, not realizing what they're doing? host: they give for the call. this from twitter -- the focus on the 14th amendment, section four, basically says that the public debt, authorized by law, including debts incurred for payment of pensions etc., shall not be questioned. caller: good morning. yes, he does have that right. in classic peanuts, she says to charlie brown, i think we have been stuck with a used year, instead of a new year. last week at the archives, they had a documentary about the conversation with the president from 1962. president kennedy. he deals -- it was very similar to what we hear arguments now about how -- it was really excellent view. an excellent conversation. how he has to deal with the congress. and his -- this c
it would not surprise me that he does raise the debt ceiling. the president alone spent over $1 billion last year just to himself. when does it stop? obviously he has never had a checkbook. i get a bill, i pay it. why do they just keep putting money out, putting money out, not take care of what they're doing doing, not realizing what they're doing? host: they give for the call. this from twitter -- the focus on the 14th amendment, section four, basically says that the public debt, authorized by...
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i don't know what he will do on gun control but don't compromise on the debt ceiling. do it by executive order and then say it is your fault. either way he gets the republicans. if they pass they get weakened if they oppose they demonize. >> it is a smart political strategy. >> it could be but it worked so far but not 100 percent. remember republicans got control of the house of representatives during his term after his first two years when he was very aggressive about his initiatives and they kind of stopped him in his tracks. he can't do very much over there. if you resist him i am not sure that's true on guns, bill. gun control has been a dangerous issue for democrats. may be a womell bring if hemay unpopular if something isn't done. i don't think he's going to propose very much on gun control. on immigration they have a sense that the hispanic vote was important it was help will to obama this type around. >> it looks reasonable in that. colin powell used to be a republican. i don't think he is any longer. however he has not changed as far as we know. he made very s
i don't know what he will do on gun control but don't compromise on the debt ceiling. do it by executive order and then say it is your fault. either way he gets the republicans. if they pass they get weakened if they oppose they demonize. >> it is a smart political strategy. >> it could be but it worked so far but not 100 percent. remember republicans got control of the house of representatives during his term after his first two years when he was very aggressive about his...
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Jan 14, 2013
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steve bell talks about the debt ceiling. then, the mission and scope of the bureau of all, tobacco, firearms, explosives. "washington journal," live at 7:00 a.m. eastern on c-span. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> next, "q&a." then, david -- david cameron takes questions at the house of commons. then a discussion on the guantanamo detention facility. >> the fundamental idea here is if you spend time in silicon valley, if you spend time in detroit, where the automobile industry is being rebuilt, if you spent time outside the beltway, you see that america has the potential to generate abundance for its own citizens and for the world. you spend time only inside the beltway, it looks like a zero sum game. it looks like a lose-lose. who will lose the most is the gist is the -- gist of the negotiation. water the lessons of the technology sector? what are the lessons that have come from the optimism in the technology sector? how can they give us some
steve bell talks about the debt ceiling. then, the mission and scope of the bureau of all, tobacco, firearms, explosives. "washington journal," live at 7:00 a.m. eastern on c-span. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> next, "q&a." then, david -- david cameron takes questions at the house of commons. then a discussion on the guantanamo detention facility. >> the fundamental idea...
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like ben bernanke saying time to ditch the debt ceiling all together. is it as silly as he says it is? we'll debate that. more "money" ahead what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ . melissa: so moving onto another budget fight and accusations that republicans will hold the debt ceiling hostage over spending cuts, federal reserve chairman ben bernanke said there is no practical purpose to the debt ceiling and it is a device to prevent the u.s. from paying its bills. why are we wat
like ben bernanke saying time to ditch the debt ceiling all together. is it as silly as he says it is? we'll debate that. more "money" ahead what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [...
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Jan 17, 2013
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>> look, there is a long tradition here of congress acting to raise the debt ceiling. this is a power that they've brought -- that they've given themselves to do. and the point is -- without drama and delay. a monthly extension is drama, okay? congress should simply do its job. it should not -- we're not going to negotiate over extending the debt ceiling. >> but is the president saying he's willing to revisit this within a year? would he like five years? i mean, what is he saying? >> i think the president made clear the other day that he would happily take on the responsibility himself if congress can't handle it. so the fact is, congress should simply extend the debt ceiling, and do so in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to engage in another process that results in a self-inflicted wound to the economy. so it's sort of a moot point because it should just be extended in a way that does not raise concern about whether or not the united states of america pays its bills. >> okay
>> look, there is a long tradition here of congress acting to raise the debt ceiling. this is a power that they've brought -- that they've given themselves to do. and the point is -- without drama and delay. a monthly extension is drama, okay? congress should simply do its job. it should not -- we're not going to negotiate over extending the debt ceiling. >> but is the president saying he's willing to revisit this within a year? would he like five years? i mean, what is he saying?...
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Jan 16, 2013
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like ben bernanke saying time to ditch the debt ceiling all together. is it as silly as he says it is? we'll debate that. more "money" ahead officemax has exactly the ink... your business needs... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. ♪ music kids will spend 15 minutes watching online videos like this one. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ . melissa: so moving onto another budget fight and accusations that republicans will hold the debt ceiling hostage over spending cuts, federal reserve chairman ben bernanke said there is no practical purpose to the debt ceiling and it is a device to prevent the u.s. from paying its bills. why are we watching washington fight over it? maybe we should get rid of it. here is susan occhs, american banker columnist and former senior advisor to president obama and stephen hayes, "weekly standard"
like ben bernanke saying time to ditch the debt ceiling all together. is it as silly as he says it is? we'll debate that. more "money" ahead officemax has exactly the ink... your business needs... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. ♪ music kids will spend 15 minutes watching online videos like this one. brushing for two minutes now, can save your...
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ceiling i mean there's absolutely no reason why there should be a specified ceiling to the federal debt congress imposes that on itself and then having imposed it has to vote to lift it which it inevitably must so this is a pretty awesome fishel crisis a purely political crisis if you look away from the politics of washington at the u.s. economy it is unquestionably in recovery mode and what's most exciting about it right now is the way the discovery of shale gas in the exploitation of shale oil is ushering in a new era in which the united states will become energy independent for the first time in two generations i think that's going to be the cue for a written a song for the american manufacturing and the world is going to be pretty surprised by what the united states does economically over the next ten years which by the way has big implications for russia to. ten years ago if you were running gazprom you never thought for a minute that you would find yourself being on the cards by north america but that's what's happening bad implications for russia and i think that's one thing that
ceiling i mean there's absolutely no reason why there should be a specified ceiling to the federal debt congress imposes that on itself and then having imposed it has to vote to lift it which it inevitably must so this is a pretty awesome fishel crisis a purely political crisis if you look away from the politics of washington at the u.s. economy it is unquestionably in recovery mode and what's most exciting about it right now is the way the discovery of shale gas in the exploitation of shale...
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Jan 15, 2013
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and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my cabinet before they rush to judgment. >> stephanie: it reminds me congress woman, we talked about this yesterday -- we are really -- at lease you are -- trying to govern in unprecedented times. we have never seen the hostage with the debt limit, and every nominee that the president puts forward they oppose just because the president is for it. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united st
and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my...
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Jan 14, 2013
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i will not negotiate over the debt ceiling. congress has to do its job. >> woodruff: when it comes to the republicans jake sherman, you've been talking to some of the folks on the hill. they were digging in their heels just as much as the president was. what was their reaction? >> i think they have... they see this situation as three big issues: the government funding issue. that runs dry at the end of march. the debt ceiling. and these automatic spending cuts that take hold at the beginning of march. they want to use these opportunities. they don't think it's so bad to shut down the government or to default on the debt. they are even skeptical of the administration's estimates of when that will happen. so they see themselves really having very little leverage besides doing something which a lot of americans would consider extreme which is defaulting on the debt or shutting down the government. now i think it's virtually impossible that speaker john boehner will raise the debt ceiling without commensurate spending cuts. he's wa
i will not negotiate over the debt ceiling. congress has to do its job. >> woodruff: when it comes to the republicans jake sherman, you've been talking to some of the folks on the hill. they were digging in their heels just as much as the president was. what was their reaction? >> i think they have... they see this situation as three big issues: the government funding issue. that runs dry at the end of march. the debt ceiling. and these automatic spending cuts that take hold at the...
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Jan 15, 2013
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but house republicans have been equally adamant they will not raise the debt ceiling unless the president first agrees to major spending cuts. >> i think the real issue here is, we all know, is spending. >> reporter: the president insists this is not even a subject for negotiation. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: stakes are higher than they were during the new year's eve showdown over the fiscal cliff. if an agreement isn't reached, the federal government faces default on its debt and a partial shutdown. >> social security checks and veterans benefits will be delayed. we might not be able to pay our troops. >> reporter: some have suggested president obama would have better luck with the republicans if he socialized with them. the president said that probably wouldn't make much of a difference, but he wouldn't mind trying. >> most people who know me, know i'm a pretty friendly guy. and i like a good party. >> jon, the president also talked about pr
but house republicans have been equally adamant they will not raise the debt ceiling unless the president first agrees to major spending cuts. >> i think the real issue here is, we all know, is spending. >> reporter: the president insists this is not even a subject for negotiation. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: stakes are...
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Jan 18, 2013
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ceiling and they have to not play around with the debt ceiling powell is a sophisticated player. i don't think he does anything without thinking it through quite well. that's why i said what i said i want to make sure we have your allegations on the record. i don't want to put words in your mouth. >> it's a supposition. >> bill: you say that you think that collin powell was asked by someone to go out and defend chuck hagel's nomination. and at the same time, raise the spector that some people are owe posing the president's policies because he is black. that that was to put in one interview in one presentation. that's what you think may have happened? it might have happened. implication of what he said really is quite inprogram inflay to say least. it's in line with what liberal commentators have said for some time. every time you criticize barack obama there will be someone out there in the blogosphere or television or radio saying well you just like the fact that a black man is in power. it's ridiculous. if you want to look at intolerance and collin powell knows this well you do
ceiling and they have to not play around with the debt ceiling powell is a sophisticated player. i don't think he does anything without thinking it through quite well. that's why i said what i said i want to make sure we have your allegations on the record. i don't want to put words in your mouth. >> it's a supposition. >> bill: you say that you think that collin powell was asked by someone to go out and defend chuck hagel's nomination. and at the same time, raise the spector that...
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debt, it would join standard and poor's, which took that action in 2011 during the last debt ceiling debate. the u.s. house moved to pass a hurricane sandy relief bill this evening. $17 billion would go for immediate recovery in the affected northeastern states. another $33 billion is for long- term spending. some republicans argued that much of the money isn't for emergency relief at all. california's tom mcclintock called for stripping that funding out. >> according to the congressional budget office, more than 90% of this money won't even be spent this year. that's not emergency relief. $16 billion is to quintuple the size of the community development block grant program. that's the slush fund that pays for such dubious projects as doggie day care centers and doesn't even have to be spent in the hurricane area. >> sreenivasan: other republican >> sreenivasan: other republicans joined with most democrats to reject offsetting spending cuts. instead, lawmakers from the northeast urged the house to pass the storm aid now. new york democrat hakeen jeffries said it's already taken too l
debt, it would join standard and poor's, which took that action in 2011 during the last debt ceiling debate. the u.s. house moved to pass a hurricane sandy relief bill this evening. $17 billion would go for immediate recovery in the affected northeastern states. another $33 billion is for long- term spending. some republicans argued that much of the money isn't for emergency relief at all. california's tom mcclintock called for stripping that funding out. >> according to the congressional...
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ceiling before and they want to threaten it to stop programs the constitution says that the president united states can and must pay the debt of the united states that you shall not challenge the debt of the united states and paying the bills that is a non issue veronica i mean. veronica invited me thanks veronica other than that of the nine are you going to have to end i don't know anything under three certainly on two things obama has many challenges to face in his second term and one of them probably the biggest are the republicans robert wiener live with us on the line from washington thanks for that thanks so much. now a train journey took a bizarre twist in rural russia this week on mt survived after falling out of a carriage but that's not it he was barely dressed for a night in freezing siberian forest earlier tom barton told me how the man managed to make it out of the woods alive. forty two for larry malcolm of who here is a long haul lorry driver was one of the passengers on this train pretty clocking its way through the forest in russia's far east during the night he goes
ceiling before and they want to threaten it to stop programs the constitution says that the president united states can and must pay the debt of the united states that you shall not challenge the debt of the united states and paying the bills that is a non issue veronica i mean. veronica invited me thanks veronica other than that of the nine are you going to have to end i don't know anything under three certainly on two things obama has many challenges to face in his second term and one of them...
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debt ceiling. >> narrator: early on, republican freshmen attended orientation sessions. republican strategist frank luntz ran one of them. >> and i asked the question, how many of you are going to vote for the debt ceiling? and only three or four of them raised their hands. and i said, if you vote for the debt ceiling, the people who put you in office are going to knock you out. >> if you vote for the debt ceiling, you're voting for your own death certificate, political death certificate. >> narrator: for his part, the president decided to try something new: personal politics. he figured he could connect to the republican leader, john boehner. >> obama told his staff, john boehner is a country club republican, a golf-playing, cigarette smoking deal-maker. >> narrator: the president invited boehner to play golf with him at andrews air force base. >> and afterward, they go back to the clubhouse, and they're having a drink; there's a photo op. and it's at that point when boehner says to the president, "hey, you know, on this debt ceiling stuff, we ought to do something big.
debt ceiling. >> narrator: early on, republican freshmen attended orientation sessions. republican strategist frank luntz ran one of them. >> and i asked the question, how many of you are going to vote for the debt ceiling? and only three or four of them raised their hands. and i said, if you vote for the debt ceiling, the people who put you in office are going to knock you out. >> if you vote for the debt ceiling, you're voting for your own death certificate, political death...
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but the president says he will not have the debt ceiling tied to the bills congress has already racked up. >> what i will not do is to have that negotiation with a gun at the head of the american people. >> reporter: the debt ceiling deadline is just one of three budget showdowns the white house and congress face in the coming months. house speaker john boehner said if laws do not tackle the debt and spending at the same time, it will cost americans jobs. in a statement, senate minority leader mitch mcconnell said "the president and his allies need to get serious about spending." danielle nottingham, cbs news, the white house. >>> military suicides have reached record levels. so bad that the secretary of defense calls it an epidemic. the pentagon says there were 349 suicides among active duty personnel last year. that's more than the number of combat deaths in afghanistan. experts say iraq and afghanistan war veterans suffering from depression and post traumatic stress are at the highest risk. >>> secretary of state hillary clinton will testify next week about the deadly attack on the
but the president says he will not have the debt ceiling tied to the bills congress has already racked up. >> what i will not do is to have that negotiation with a gun at the head of the american people. >> reporter: the debt ceiling deadline is just one of three budget showdowns the white house and congress face in the coming months. house speaker john boehner said if laws do not tackle the debt and spending at the same time, it will cost americans jobs. in a statement, senate...
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Jan 20, 2013
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>> the debt ceiling it is truth. think about this, can dirk the first time in our country. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the same thing when he was a senator, he changed his mind. absolutely not. did he vote against. he has spoken to that that was a political vote answered has learned from that but at the time, congress wasn't threatening to say we are not going to pay our bills unless we get what we want, deeper cuts in medicare than required or tank the economy. this false equivalence needs to stop. the barrier to progress here is not the president. we need more republicans in congress to think like republicans in the country who are seeking compromise, seeking balance, because we are poised here to really grow. if washington can do its part and not get in the way, our economies continue to grow, we can make big progress. >> this a president we are going to see, hey, he i
>> the debt ceiling it is truth. think about this, can dirk the first time in our country. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the same thing when he was a senator, he changed his mind. absolutely not. did he vote against. he has spoken to that that was a political vote answered has learned from that but at the time, congress wasn't threatening...
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Jan 13, 2013
01/13
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money, we've got the debt ceiling argument coming up here. the government's going to run out of money at the end of february if something isn't done. do you see more of the same what we saw during this fiscal cliff or is this something better on the horizon. >> wouldn't that be great if i could say yes but i can't say yes. remember when the election ended and it looked like this was going to be an era of compromise. john boehner came out and said of course we want to work with the president. the president said of course we want to work with the public. that was shattered within about 20 minutes after both men said that. and so i don't think we're looking at compromise anywhere, it's really about who can get their way by trying to intimidate the other side more. so democrats not the president but other democrats saying hey here's a way that's not compromise. we're going to print a coin, a trill undollar coinen dollar coin. think of this sort of establishment republican saying how about a partialual shut down of the government to get what we wa
money, we've got the debt ceiling argument coming up here. the government's going to run out of money at the end of february if something isn't done. do you see more of the same what we saw during this fiscal cliff or is this something better on the horizon. >> wouldn't that be great if i could say yes but i can't say yes. remember when the election ended and it looked like this was going to be an era of compromise. john boehner came out and said of course we want to work with the...
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Jan 14, 2013
01/13
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let's use the sequester, but don't use the debt ceiling. that's a bad idea. >> president said he won't negotiate on the debt ceiling. >> i think he's right on that. >> senator, thank you. good to see you. >> thank you. nice to see you all. >>> and we spoke to supreme court justice sonia sotomayor. she spoke with scott pelley about her new york city home and reputation as a tough corporate lawyer. >> you write in your book that one day one of the associates one of your colleagues was on the telephone, and he described you, your words, not mine as one tough -- >> his words. >> as one tough bitch. >> yeah. >> and when you heard that, you thought what? >> what in the world is wrong with me? i was a pretty tough negotiator and hard to push around and i don't think they were used to my kind of toughness then. >> is his description in any way unfair? >> probably not. >> she's been called a lot of things, but she told us more than madam justice, she prefers another title. >> it's sonia from the bronx. >> what does it mean to be sonia from the bronx
let's use the sequester, but don't use the debt ceiling. that's a bad idea. >> president said he won't negotiate on the debt ceiling. >> i think he's right on that. >> senator, thank you. good to see you. >> thank you. nice to see you all. >>> and we spoke to supreme court justice sonia sotomayor. she spoke with scott pelley about her new york city home and reputation as a tough corporate lawyer. >> you write in your book that one day one of the associates...
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Jan 14, 2013
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficit, america can't afford another debate with this congress whether or not they should pay the bills they already racked up. if congressional republicans refuse to pay america's bills on time, social security checks and veterans benefits will be delayed. we might not be able to pay our troops and honor our contracts with small business owners. food inspectors, air traffic controllers, wouldn't get their paychecks. invest ors around the world will ask if america is a safe bet? markets could go haywire, interest rates would spike. every student can a college loan, every small business owner who wants to hire, it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into a recession. and ironically would p
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficit, america can't afford another debate with this congress whether or not they should pay the bills they already racked up. if congressional republicans refuse to pay america's bills on...
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Jan 14, 2013
01/13
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this time of course it' over the debt ceiling. and it's going to be big, because it really reflects two different visions of what the debt ceiling is all about. for the president, you heard today, it's about paying your bill. going to a restaurant. picking up the tab for food you've already eaten. fine. >> very common sense, yes. >> very common sense. for republicans, it's about solving a problem. making a government that is too big, smaller and getting control of runaway spending on entitlements like social security and medicare and fixing a long-term problem. it's not just about paying the bills. it's about the future. >> right, but there are also a lot of political calculations in here. i assume they're very close to the political calculations we saw in the last crisis. >> yes, they are, although, you know, in the last crisis it was very clear that the president had the let me rverage. he had just won the election. he had won an election over the tax issue and the republicans lost over the tax issue. they're pushing that so far
this time of course it' over the debt ceiling. and it's going to be big, because it really reflects two different visions of what the debt ceiling is all about. for the president, you heard today, it's about paying your bill. going to a restaurant. picking up the tab for food you've already eaten. fine. >> very common sense, yes. >> very common sense. for republicans, it's about solving a problem. making a government that is too big, smaller and getting control of runaway spending...
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Jan 13, 2013
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also, the next fight in washington will be over the debt ceiling. can president obama end this craziness and bypass congress altogether? we'll talk about the out of the box solutions and whether they would work. >>> and, finally, this is the signature of the man who might be the next treasury secretary. we'll look back through history to see if there's any loopy president. speaking of secretaries of the treasury three former holders of the office and many other statesmen and women offering advice to the president on a new gps special tonight "memo to the president, road map for a second term." tonight at 8:00 p.m. and 11:00 p.m. eastern and pacific. >>> first, here's my take. chuck hagel's nomination as america's next secretary of defense has drawn fire from people who say he's outside of the main stream. in fact, he's a pretty straight forward, traditional republican on most issues with a reluctance to go to war, born of knowledge and experience. where hagel does appear out of the mainstream in washington's world of group think is on iran. which i
also, the next fight in washington will be over the debt ceiling. can president obama end this craziness and bypass congress altogether? we'll talk about the out of the box solutions and whether they would work. >>> and, finally, this is the signature of the man who might be the next treasury secretary. we'll look back through history to see if there's any loopy president. speaking of secretaries of the treasury three former holders of the office and many other statesmen and women...
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Jan 15, 2013
01/13
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you say fighting over the debt ceiling is a bad idea for congressional republicans. why? >> because in the end it's a threat they can't sustain. no one is going to default. no one is going to allow the united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side and the fact is republicans have two much bet ear renas to fight over spending they have a continuing resolution which funds government which comes up at the end of march and they have the sequester, which automatically cuts spending unless it's dealt with. those two fronts they can fight and they have much less resistance from the average american, and it's much harder for the president to oppose them. >> speaker boehner said yesterday that the american people do not support raising the debt ceiling without reducing government spending at the same time. so do you disagree with speaker boehner? >> i think that if you get involved in a fight over the debt ceiling, and talking about defaulting which is what the consequences if the
you say fighting over the debt ceiling is a bad idea for congressional republicans. why? >> because in the end it's a threat they can't sustain. no one is going to default. no one is going to allow the united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side and the fact is republicans have two much bet ear renas to fight over spending they have a continuing resolution which funds government which...
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Jan 15, 2013
01/13
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but when it comes to the debt ceiling, the debt ceiling, by definition, isn't about authorization new spending. it is about paying the bills that we have already racked up. so are you just trying to say that you want to have this conversation together, at the same time? >> this is about, this is -- raising the debt ceiling is like raising your credit card limit. and historically, this has been a debate. you look over the last four presidents in this country, and there's been a debate, every time, it has come to raising the debt ceiling. because there's a recognition, for years now, that the federal government has been spending way more than it should, way beyond its means, much more than it's actually bringing in. and now, it is -- we cannot continue to kick this can down the road. we've come to the end of the road. it is time for us to stop spending money we don't have. >> former republican speaker newt gingrich is not exactly conflict averse, i think you'd agree, and he has warned the house republicans not to take up this debt ceiling fight. listen. >> asking barack obama not to be
but when it comes to the debt ceiling, the debt ceiling, by definition, isn't about authorization new spending. it is about paying the bills that we have already racked up. so are you just trying to say that you want to have this conversation together, at the same time? >> this is about, this is -- raising the debt ceiling is like raising your credit card limit. and historically, this has been a debate. you look over the last four presidents in this country, and there's been a debate,...
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Jan 15, 2013
01/13
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another big issue facing congress is the debt ceiling. treasury secretary timothy geithner released a letter this week saying the government could run out its borrowing authority in as little as four weeks. now, republicans are trying to use this chance to force the democrats into serious long-term spending cuts but obama insists this is about paying the bills congress has already racked up. more bill up next. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> announcer: broad broadcasting across the nation and on tv on current tv. >> bill: breaking news, clarence thomas has spoken. for the first time in seven years. at the supreme court. clarence thomas uttered maybe three words. maybe four. nobody is sure what he said. but he did show signs of life. oh, my god. what do you say? good morning everybody. with that bit of astounding news, we start off the "full court press" this tuesday morning, january 15. great to see you today. welcome, wel
another big issue facing congress is the debt ceiling. treasury secretary timothy geithner released a letter this week saying the government could run out its borrowing authority in as little as four weeks. now, republicans are trying to use this chance to force the democrats into serious long-term spending cuts but obama insists this is about paying the bills congress has already racked up. more bill up next. just be grateful current tv does not come in smellivision. the sweatshirt is nice and...
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Jan 14, 2013
01/13
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debt ceiling. this time around, the president is telling house republicans they can do it his way or own the blame. here he was. >> and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole previous debt limit debacle. and i know you are saying, especially comparing this to what we just saw on new year's day with the fiscal cliff, this is going to be much, much worse, much bigger deal. talk to me ab
debt ceiling. this time around, the president is telling house republicans they can do it his way or own the blame. here he was. >> and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had...
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Jan 15, 2013
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. >>> to washington now where yet another battle is brewing, this time it's over the debt ceiling and from the white house to capitol hill democrats and republicans are sparring over the best way to ensure the nation pays its bills and now they're taking the fight to you as both sides try to sell their point of view. president obama warning about what could happen if that debt limit is not raised. >> if congressional republicans refuse to pay america's bills on time, social security checks, and veterans benefits will be delayed. we might not be able to pay our troops or contracts with small business owners. investors around the world will ask if the united states of america a safe bet. >> the republican house speaker john boehner responding immediately to the president's remarks issuing a statement that read "the american people do not support raising the debt ceiling without reducing government spending at the same time. the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved." joining us i
. >>> to washington now where yet another battle is brewing, this time it's over the debt ceiling and from the white house to capitol hill democrats and republicans are sparring over the best way to ensure the nation pays its bills and now they're taking the fight to you as both sides try to sell their point of view. president obama warning about what could happen if that debt limit is not raised. >> if congressional republicans refuse to pay america's bills on time, social...